| Product Code: ETC8149150 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Maldives continues to see a steady influx of flavor and fragrance imports, with key suppliers in 2024 being Egypt, Ireland, Malaysia, Thailand, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 20.06% from 2020 to 2024 highlights strong overall growth. However, the slight decline in growth rate from 2023 to 2024 at -7.03% suggests some market fluctuations. Overall, the Maldives flavor and fragrance import market remains dynamic and reliant on a diverse range of international suppliers.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Maldives Flavor and Fragrance Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Flavor and Fragrance Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Flavor and Fragrance Market - Industry Life Cycle |
3.4 Maldives Flavor and Fragrance Market - Porter's Five Forces |
3.5 Maldives Flavor and Fragrance Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Flavor and Fragrance Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Flavor and Fragrance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural and organic flavors and fragrances |
4.2.2 Growing awareness about the benefits of aromatherapy and essential oils |
4.2.3 Rise in disposable income leading to higher spending on luxury products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as essential oils and natural extracts |
4.3.2 Stringent regulations regarding the use of certain ingredients in flavors and fragrances |
4.3.3 Competition from synthetic alternatives impacting market growth |
5 Maldives Flavor and Fragrance Market Trends |
6 Maldives Flavor and Fragrance Market, By Types |
6.1 Maldives Flavor and Fragrance Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Flavor and Fragrance Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Maldives Flavor and Fragrance Market Revenues & Volume, By Synthetic, 2021- 2031F |
6.1.4 Maldives Flavor and Fragrance Market Revenues & Volume, By Natural, 2021- 2031F |
6.2 Maldives Flavor and Fragrance Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Flavor and Fragrance Market Revenues & Volume, By Food, 2021- 2031F |
6.2.3 Maldives Flavor and Fragrance Market Revenues & Volume, By Beverage, 2021- 2031F |
6.2.4 Maldives Flavor and Fragrance Market Revenues & Volume, By Beauty and Personal Care, 2021- 2031F |
6.2.5 Maldives Flavor and Fragrance Market Revenues & Volume, By Perfumes, 2021- 2031F |
6.2.6 Maldives Flavor and Fragrance Market Revenues & Volume, By Others, 2021- 2031F |
7 Maldives Flavor and Fragrance Market Import-Export Trade Statistics |
7.1 Maldives Flavor and Fragrance Market Export to Major Countries |
7.2 Maldives Flavor and Fragrance Market Imports from Major Countries |
8 Maldives Flavor and Fragrance Market Key Performance Indicators |
8.1 Consumer sentiment towards natural and organic products |
8.2 Adoption rate of aromatherapy practices in the region |
8.3 Number of new product launches focusing on premium and luxury fragrances and flavors |
9 Maldives Flavor and Fragrance Market - Opportunity Assessment |
9.1 Maldives Flavor and Fragrance Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Flavor and Fragrance Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Flavor and Fragrance Market - Competitive Landscape |
10.1 Maldives Flavor and Fragrance Market Revenue Share, By Companies, 2024 |
10.2 Maldives Flavor and Fragrance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |